The iambic trimeter derives its name from its essential shape, which is three metrical units (hence trimeter) which are each basically iambic in form. The iambic metron has the following shape (where the x is an anceps, the - is a longum, and the u is a brevis):
Hence, reversing the current running though a wire will have the affect of reversing the direction of the magnetic force at a point some distance away from the wire. The affect that this has on the overall magnetic field depends on the shape of the wire.
Any magnet generates a magnetic field in the space surrounding it. The direction of the lines of force of this field, defined by the direction of the force exerted by the field on a (hypothetical) single magnetic north pole, is opposite to the direction of field used to magnetize it originally.